Projects are all around us. Virtually every organization runs projects, either formally or informally. We are engaged in projects at home and at work. Across settings, planning principles and execution methodologies can offer ways in which projects can be run more effectively and efficiently. Project management provides organizations (and individuals) with the language and the frameworks for scoping projects, sequencing activities, utilizing resources, and minimizing risks.
This is an introductory course on the key concepts of planning and executing projects. We will identify factors that lead to project success, and learn how to plan, analyze, and manage projects. Learners will be exposed to state-of-the-art methodologies and to considering the challenges of various types of projects.
As a Project Management Institute (PMI®) Registered Education Provider, the University of Virginia Darden School of Business has been approved by PMI to issue 12 professional development units (PDUs) for this course, which focuses on core competencies recognized by PMI. (Provider #2122)

From the lesson

Welcome to the World of Projects

Welcome to the course -- we're excited you're here! In our first week, we'll gain an understanding of what a project is, what it isn't, and why that matters. We'll consider how projects are defined and a project’s three objectives. We'll look at a model for examining a project’s organization and its stakeholders, and then analyze those stakeholders using a power/interest grid. We'll look at the main reasons why many projects fail and then learn how to measure success. Finally, we'll review the key stages in the project life cycle and highlight the important features of each stage.